I agree. I forget who keeps saying it but "hyperinflation is a monetary event not an economic event".

Could be a way off the trigger point though. I'm still amazed how much confidence people over here in the UK have that things are going work out OK with the economy, housing will start going up again etc (even though it is still 50% overvalued for a market bottom). They're still buying the official line that comes out of the mainstream media and the politicians mouths. I'm not.